MGTX (MeiraGTx Holdings plc Ordinary Shares) Stock Analysis - News

MeiraGTx Holdings plc Ordinary Shares (MGTX) is a publicly traded Healthcare sector company. As of May 21, 2026, MGTX trades at $9.58 with a market cap of $870.53M and a P/E ratio of -6.41. MGTX moved +4.71% today. Year to date, MGTX is +26.89%; over the trailing twelve months it is +74.18%. Its 52-week range spans $3.97 to $11.85. Analyst consensus is strong buy with an average price target of $24.00. Rallies surfaces MGTX's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in MGTX news today?

MeiraGTx Reports FDA Breakthrough, Raises $100M, Acquires Bota-vec for $25M: MeiraGTx secured a Breakthrough Therapy Designation for its AAV2-hAQP1 salivary gland gene therapy and reported positive three-year Phase 1 AQUAx data confirming sustained salivary flow improvements in radiation-induced xerostomia patients. The company acquired full rights to bota-vec for X-linked retinitis pigmentosa from J&J with $25 million upfront and raised $100 million in financing.

MGTX Key Metrics

Key financial metrics for MGTX
MetricValue
Price$9.58
Market Cap$870.53M
P/E Ratio-6.41
EPS$-1.48
Dividend Yield0.00%
52-Week High$11.85
52-Week Low$3.97
Volume0
Avg Volume0
Revenue (TTM)$79.76M
Net Income$-120.53M
Gross Margin0.00%

Latest MGTX News

Recent MGTX Insider Trades

  • Forbes Alexandria sold 62.00K (~$568.54K) on May 19, 2026.
  • Giroux Richard sold 56.00K (~$572.32K) on Apr 21, 2026.
  • Naylor Stuart sold 27.66K (~$258.91K) on Apr 7, 2026.

MGTX Analyst Consensus

6 analysts cover MGTX: 0 strong buy, 6 buy, 0 hold, 0 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $24.00.

Common questions about MGTX

What changed in MGTX news today?
MeiraGTx Reports FDA Breakthrough, Raises $100M, Acquires Bota-vec for $25M: MeiraGTx secured a Breakthrough Therapy Designation for its AAV2-hAQP1 salivary gland gene therapy and reported positive three-year Phase 1 AQUAx data confirming sustained salivary flow improvements in radiation-induced xerostomia patients. The company acquired full rights to bota-vec for X-linked retinitis pigmentosa from J&J with $25 million upfront and raised $100 million in financing.
Does Rallies summarize MGTX news?
Yes. Rallies summarizes MGTX news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is MGTX research on Rallies investment advice?
No. Rallies provides research, data, and educational context for MGTX. It does not provide personalized investment advice.
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